TCF Financial Corporation (TCF) (NYSE: TCF) and its subsidiaries announced today that they are increasing their prime rate to 5.25 percent from 5.00 percent, effective tomorrow, September 27, 2018.
TCF Financial Corporation is a Wayzata, Minnesota-based national bank holding company. As of June 30, 2018, TCF had $23.2 billion in total assets and 315 bank branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona and South Dakota providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing and equipment finance business in all 50 states and commercial inventory finance business in all 50 states and Canada. For more information about TCF, please visit http://ir.tcfbank.com.
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